US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

STLD 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $103.17 and reclaim $288.74.

Invalidation Trigger

Lose $103.17 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 67.7, MACD 7.106

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $33.21 (13.58%)

Monthly

EMA Structure

Bullish
EMA 8$225.84Bullish
EMA 21$188.78Bullish
EMA 50$145.15Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.7 · MACD 7.106

Momentum is strong

Strength
Bullish
Volatility
ATR $33.21 · BB 107.08%

High volatility

Strength
Bearish
Volume
MFI 68.5 · OBV 29.26%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$103.17 - $288.74

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+31.65% · 2.3 ATR above latest close

$321.95
Nearest resistance

+18.07% · 1.3 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$244.55
Nearest support

-57.81% · 4.3 ATR below · 34-bar low

$103.17
Deeper support zone

-71.39% · 5.3 ATR below latest close

$69.96
ATR zone

Latest close ± ATR14

$211.34 - $277.75

Indicators

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

42.2 / 36.3 / 7.3Bullish
Supertrend (10,3)

Price is above Supertrend

$123.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.7 / $175.59Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

High volatility

$33.21 (13.58%)Bearish
Bollinger Bands (20,2)

Width 107.08%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$269.02 / $112.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$211.34 / $277.75Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$103.17Range

Momentum

RSI (14)

Momentum is strong

67.7Bullish
MACD (12,26,9)

Histogram is positive

7.106Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.8 / 73.7Bullish
Williams %R (14)

Neutral zone

-26.2Range
CCI (20)

Strong expansion

108.2Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.5Bullish
OBV slope

20-period OBV slope

29.26%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

42.2 / 36.3 / 7.3Bullish
Supertrend (10,3)

Price is above Supertrend

$123.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.7 / $175.59Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

67.7Bullish
MACD (12,26,9)

Histogram is positive

7.106Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.8 / 73.7Bullish
Williams %R (14)

Neutral zone

-26.2Range
CCI (20)

Strong expansion

108.2Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$33.21 (13.58%)Bearish
Bollinger Bands (20,2)

Width 107.08%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$269.02 / $112.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$211.34 / $277.75Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

68.5Bullish
OBV slope

20-period OBV slope

29.26%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$103.17Range

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